Long-Term Service Agreement in Power Systems

被引:0
|
作者
Kouvelis P. [1 ]
Matsuo H. [2 ]
Xiao Y. [3 ]
Yuan Q. [4 ]
机构
[1] Olin Business School, Washington University, St. Louis
[2] Institute for International Strategy, Tokyo International University
[3] Carson College of Business, Washington State University
[4] School of Management, Zhejiang University
关键词
Production control;
D O I
10.1561/0200000106-7
中图分类号
学科分类号
摘要
We study a long-term service agreement (LTSA) in a power system between an Original Equipment Manufacturer (OEM) of a conventional power generator and a utility firm. The OEM offers the LTSA to the utility firm which specifies the service fee and the maintenance interval. The utility firm dynamically chooses among different resources (conventional, renewable, or emergency) to meet energy demand. Different from traditional supply chain contracts, an LTSA contracts on a generator's long-term production schedule (i.e., usage time and the number of starts). We characterize that the conventional generator's optimal operating mode (i.e., on or off) follows a two-threshold policy, which shows a hysteresis phenomenon, and capture the OEM's tradeoff between the service margin and the usage of the conventional generator in the LTSA design. © 2023 P. Kouvelis et al.
引用
收藏
页码:288 / 303
页数:15
相关论文
共 50 条
  • [21] LONG-TERM SERVICE AGREED FOR FARLEY
    不详
    NUCLEAR ENGINEERING INTERNATIONAL, 1988, 33 (402): : 9 - 9
  • [22] SERVICE FRAMEWORK FOR LONG-TERM CONDITIONS
    不详
    CHRONIC ILLNESS, 2005, 1 (02) : 97 - 99
  • [23] Long-term service experience with advanced austenitic alloys in Eddystone Power Station
    Okada, H.
    Igarashi, M.
    Yamamoto, S.
    Miyahara, O.
    Iseda, A.
    Komai, N.
    Masuyama, F.
    PROCEEDINGS OF THE ASME PRESSURE VESSELS AND PIPING CONFERENCE 2007, VOL 9, 2008, : 181 - 188
  • [24] Long-term strategic agreement with for composite components manufacturing
    不详
    AIRCRAFT ENGINEERING AND AEROSPACE TECHNOLOGY, 2009, 81 (03): : 277 - 278
  • [25] AGREEMENT ON LONG-TERM COOPERATION BETWEEN BONN AND MOSCOW
    NOTZOLD, J
    OSTEUROPA, 1978, 28 (10): : 876 - 882
  • [26] Renegotiation of long-term contracts as part of an implicit agreement
    Kostadinov, Rumen
    THEORETICAL ECONOMICS, 2021, 16 (04) : 1471 - 1512
  • [27] Short-term and long-term quality of service
    Ojasalo, Jukka
    INTERNATIONAL JOURNAL OF QUALITY AND SERVICE SCIENCES, 2019, 11 (04) : 620 - 638
  • [28] Desae program for systems studies of long-term growth of nuclear power
    E. A. Andrianova
    V. D. Davidenko
    V. F. Tsibul’skii
    Atomic Energy, 2008, 105 : 385 - 390
  • [29] Spatial long-term forecasting of small power photovoltaic systems expansion
    Ramirez-Rosado, Ignacio J.
    Alfredo Fernandez-Jimenez, L.
    Monteiro, Claudio
    Garcia-Garrido, Eduardo
    Zorzano-Santamaria, Pedro
    RENEWABLE ENERGY, 2011, 36 (12) : 3499 - 3506
  • [30] Adequacy Optimization in Long-term Expansion Planning of Electric Power Systems
    Krupenev, D. S.
    Perzhabinsky, S. M.
    2013 4TH INTERNATIONAL YOUTH CONFERENCE ON ENERGY (IYCE), 2013,